C.A.T. Oil Increases 2011 Order Book to About EUR 239 Million

C.A.T. oil AG (O2C, ISIN: AT0000A00Y78), one of the leading providers of
oil and gas field services in Russia and Kazakhstan successfully secured
additional orders for sidetrack drilling and hydraulic fracturing
services from its two long-term customers Rosneft and Lukoil. The two
new orders not only increase the volume of C.A.T. oil′s current year
order book to EUR 239 million, but already include contracts for the
years 2012 through to 2014.

The extension to the existing contract with Rosneft comprises hydraulic
fracturing services worth around EUR 8.5 million. These additional jobs
are scheduled for H2 2011 in West Siberia.

C.A.T. oil was also able to secure a significant sidetrack drilling
order with Lukoil. The three year contract has a value of EUR 61 million
and the services will be rendered in 2012 through to 2014 in West
Siberia.

The new contracts have had a positive impact on the Company′s 2011 order
book volume, which increased to EUR 239 million from EUR 230 million.
The total order book expanded to EUR 337 million from EUR 267 million
(based on a rouble-to-euro exchange rate of 40). The Company anticipates
that its full year 2011 revenues will surpass the current order book
level for 2011 thanks to further job assignments by customers in the
second half of the year.

Manfred Kastner, CEO of C.A.T. oil, commented: 'These significant order
wins underline our ability to capitalize on our strong market position,
reputation and customer relationships. We are particularly proud to have
secured orders throughout the fiscal year 2014. This not only gives us a
good degree of visibility going forward, but also confirms our decision
to further expand our capacities in a highly attractive market.?

C.A.T. oil will publish its Q2 results 2011 on August 30, 2011.

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Press contact:

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Carolin Amann

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92037-132

catoilag@fd.com